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2995 Race St
Jackson, LA 70748

Office Property For Sale

Investment Highlights

  • Investment-Grade Corporate Guarantee (S&P: BBB)
  • On-going Capital Improvements Including New Roof
  • Only Dialysis Clinic in Town
  • Multiple Lease Extensions Made by Tenant
  • Passive Lease w/ Annual Rental Increases
  • Growing Industry Insulated from Macroeconomic Change

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
6,083 SF
Building Class
B
Year Built
2001
Tenancy
Single
Number of Floors
1
Typical Floor Size
6,083 SF
Building FAR
0.14
Lot Size
1.03 AC
Zoning
C-2
Parking
26 Spaces (4.27 Spaces per 1,000 SF Leased)

About 2995 Race St , Jackson, LA 70748

Stan Johnson Company, on behalf of ownership, is pleased to offer for sale to qualified investors the 100% fee simple interest in this Fresenius Medical Care property located at 2995 Race Street, Jackson, Louisiana 70748 (the “property”). The lease is fully guaranteed by Fresenius Medical Care, Inc. (NYSE: FMS | S&P: BBB), the world’s leading kidney care company. Fresenius is operating under a passive double-net (NN) lease structure with minimal landlord responsibilities. The lease has approximately three (3) years remaining in the primary term and features 0.75% annual rental increases through the remainder of the term and renewal option periods.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
31-00096600
Land Assessment
£3,962
Improvements Assessment
£160,447
Total Assessment
£164,409
  • Listing ID: 18845343

  • Date on Market: 12/03/2020

  • Last Updated:

  • Address: 2995 Race St, Jackson, LA 70748

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